21 March 2014 Market Reviews
Daily Insight
Liquidity down; YTMs down; UAH hits two-week low; MoF plans to raise subsoil taxes
In a new taxation law draft, the Ministry of Finance proposes to increase subsoil tax rates for mining coking coal from 0.4% to 3%, anthracite from 0.5% to 2%, steam coal from 0.4% to 1.5%, as Interfa...
ICUDailyInsight-20140321.pdf (804.3kb)
20 March 2014 Market Reviews
Daily Insight
Liquidity falls further; YTMs down slightly; UAH weakens further
Banks’ correspondent accounts with the NBU declined UAH1.71bn to UAH26.05bn yesterday while total CDs outstanding rose UAH0.57bn to UAH5.23bn. Total local currency debt repayments scheduled for the ne...
ICUDailyInsight-20140320.pdf (798.6kb)
19 March 2014 Market Reviews
Daily Insight
Liquidity down further; YTMs volatile; Auction results; UAH breaks 10/USD ceiling
Banks’ correspondent accounts with the NBU declined UAH0.47bn to UAH27.76bn yesterday and total CDs outstanding also declined UAH0.49bn to UAH4.66bn. Total local currency debt repayments scheduled for...
ICUDailyInsight-20140319.pdf (805.4kb)
18 March 2014 Market Reviews
Daily Insight
Metinvest’s EBITDA up; Crimea vote; UAH little changed; Liquidity down; Auction announcement
Metinvest increased its EBITDA by 15% YoY to US$2.291bn in 2013, according to its update released yesterday. The company’s net revenues grew 2% YoY to US$12.807bn and capex slid 2% YoY to US$747m. As ...
ICUDailyInsight-20140318.pdf (830.2kb)
18 March 2014 Market Reviews
Daily Insight
Metinvest’s EBITDA up; Crimea vote; UAH little changed; Liquidity down; Auction announcement
Following Sunday's illegitimate referendum in the Crimean vote, Ukraine and Russia remain in a bitter stand-off over the future relationship. The Kremlin's step to manipulate and threaten Ukrainian so...
ICUDailyInsight-20140318.pdf (830.2kb)
17 March 2014 Market Reviews
Daily Insight
Liquidity up; YTMs volatile; UAH stays flat
Banks’ correspondent accounts with the NBU rose UAH1.60bn to UAH30.23bn, the highest level this month and just slightly lower than this year’s record seen in January. This increase was partially suppo...
ICUDailyInsight-20140317.pdf (785.6kb)
14 March 2014 Market Reviews
Daily Insight
Liquidity down on reallocations; YTMs diverge; UAH slides dramatically
Banking sector liquidity yesterday slightly declined as broader banking sector liquidity fell UAH1.09bn to UAH37.81bn after the NBU absorbed UAH2.12bn in MoF domestic debt redemptions and interest rep...
ICUDailyInsight-20140314.pdf (796.9kb)
13 March 2014 Market Reviews
Daily Insight
Liquidity up; YTMs rise further; Primary auction; New VAT bonds considered; UAH to weaken further; Ferrexpo reports
Broader banking sector liquidity rose a significant UAH4.36bn to UAH38.90bn yesterday after banks’ correspondent accounts with the NBU rose UAH2.20bn to UAH29.65bn and total CDs outstanding rose UAH2....
ICUDailyInsight-20140313.pdf (832.6kb)